Definition of 'unearned income'. unearned income (ÊnÉËÊ³nd ÉªÅkÊm ) Unearned income is money that people gain from interest or profit from property or investment, rather than money that they earn from a job. Reduction in the tax on unearned income could be a boost for small businesses.
Email Print Text Size. President Obamaâs trusted senior advisor, Valerie Jarrett, was a key player in the effort to cover up that Attorney General Eric Holder lied to Congress about the Fast and Furious scandal, according to public records obtained by Judicial Watch.
Another similar program, called Operation Wide Receiver, did happen during the Bush administration, and a recent inspector generalâs report criticized both operations as ineffective and seriously flawed. But Operation Wide Receiver is not the same thing as the Fast and Furious program. We rate Obamaâs statement False. Question: President Barack Obama said that Operation Fast and Furious started under President George W. Bush.